Greg. Start with your car insurer but have a list of what you want. If the boat is destroyed what do you want from the insurance company? Complete replacement with new? You can get that for a price or set a dollar value on the boat. Ask the hard questions such as being covered during racing. Is the mast covered, are the sailes covered, are they pro-rated? A good insurance person likes to yak about insurance. Most have no problem with racing. Make sure you are talking to the insurance company's "boat" person. Good luck. Ed